New bill at Stormont aims to protect tenants from rogue landlords
The Assembly’s committee for communities wants people’s opinions on the Private Tenancies Bill, focusing on the regulation of the private rented sector which accounts for more than 17% of housing stock in NI.
If passed, this new bill seeks to safeguard tenants by ensuring a legislative requirement for written tenancy agreements, restrictions on rent increases and an increase in the eviction notice period.
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Hide AdCommittee chair Paula Bradley (pictured) said: “Private rental sector growth is likely to continue if first-time buyers are priced out of the market due to rising house prices and the potential shortage of accessible and affordable mortgage products.
“While rogue landlords continue to be in the minority, the fact remains that they do exist, and with many of our citizens facing economic uncertainty and hardship, regulating this sector to better protect the vulnerable is a priority for the committee.”